Yet he is prepared to give the company the biggest tax break of them allCoburn on Morning Joe.
FORTUNE — we don’t know what to say about Tom Coburn, the pro gun, pro death penalty, anti abortion, anti gay rights, Southern Baptist deacon and junior senator from Oklahoma.
As a congressman he protested NBC’s 1997 broadcast of Schindler’s List because its depiction of the Holocaust included “full frontal nudity, violence and profanity.
“In 2007 he threatened to block two bills honoring the 100th birthday of Rachel Carson, calling her efforts to ban DDT “junk science.
“He was one of only three senators to vote against the 2012 Stop Trading on Congressional Knowledge (STOCK) act that prohibits insider trading by elected officials.What does this have to do with Apple (AAPL)?On Tuesday, during an appearance on MSNBC’s Morning Joe to promote his new book, The Debt Bomb, he was asked about the Sunday New York Times’ front page story on Apple’s tax strategies (see “Double Irish With a Dutch Sandwich”).”.
Yet when asked by co host Mika Brzezinski about the so called “repatriation holiday” that Apple and others have been lobbying for — a tax break that would permit US corporations to bring an estimated $1 trillion in foreign profits back to the US without paying the 35% the IRS currently taxes businesses on overseas earnings — he was all for it.
Dean Rockliffe is a business journalist based in Sao Paolo, Brazil. Dean has a passion for financial markets and breaking news stories and loves writing about business news, stock market, and economic opinions that matters most to its audience. Dean spends a lot of time discovering and researching latest financial markets and industry news stories in order to make sure the latest and greatest stories are brought to you first on BigBoardNews.com.